We all have to know something about money to function in modern society. But what is money, and what is the source of its value? Is money a matter of belief, even faith? Tom Woosnam will start off the discussion with a brief history of why we have money, its multifaceted forms and purpose, what makes money legitimate, and how banks fit into the picture. We'll consider analogies between household budgets and Federal Government budgets. Tom's interest in these issues stems from his desire to apply logical reasoning and primary source evidence to problems, skills sharpened over 45 years of teaching high school physics and math. He holds a BSc from Imperial College, London, and an MA from Stanford, and is currently teaching an OLLI course on the key ideas of Modern Monetary Theory.

Please Contact Tony Davis (tonydavis0@gmail.com) with your questions about this event.